Bankers differ from investors in that
A) bankers are looking for company growth.
B) bankers are looking for a return on equity.
C) bankers are looking for assurances of interest payments and repayment of the principal of
the loan.
D) all of the above.
C
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Under the Sarbanes-Oxley Act of 2002, audit reports to audit committees are required to include which information about the auditee's accounting practices?
A. Accounting treatments preferred by the internal auditors. B. Correcting adjustments. C. All accounting principles applied. D. Material alternative treatments of financial information discussed with management.
Independent retailer organizations are generally characterized by centralized decision making and by minimal layers of management personnel
Indicate whether the statement is true or false